The Universal Functions of Marketing

question 87

Multiple Choice

The universal functions of marketing

• A) are not all needed in market-directed economies.
• B) are not all needed in command economies.
• C) can be performed by producers, consumers, and a variety of marketing specialists.
• D) are performed in the same way in all economic systems.

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Definitions:

Source Code

Source code is the set of instructions and statements written by programmers in human-readable programming languages that are compiled or interpreted to create executable programs.

Binary Decision

A binary decision is a choice between two alternatives, often represented in computing and mathematical logic as 1 or 0, true or false.

Variable

Each input and output item the program manipulates.

Apple

An American multinational technology company known for its consumer electronics, software, and online services.